The French SAS business entity

The author describes the introduction in 1994 and extension in 1999 of the French simplified share company - Societe par actions simplifee (SAS). He explains that the provisions are regarded as being of a largely contractual nature, based on an element of personal co-operation between its members, and are likely to be used for a number of different purposes. Article by Dr Frank Wooldridge. Published in Amicus Curiae - Journal of the Institute of Advanced Legal Studies and its Society for Advanced Legal Studies. The Journal is produced by the Society for Advanced Legal Studies at the Institute of Advanced Legal Studies, University of London.